Becton Dickinson pledges 19B for US manufacturing

Becton Dickinson agreed to invest 19 billion dollars in US manufacturing to secure relief from future tariffs. The medical device maker aims to boost domestic production of essential consumables and needles.

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FILE PHOTO: Signs directing patients and staff are shown at a hospital in San Diego, California, U.S., April 17, 2017. REUTERS/Mike Blake/File photo

BECTON DICKINSON AND CO pledged a $19 billion domestic investment on Tuesday to expand manufacturing in the United States in exchange for tariff relief.

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